Japan stocks slip before US jobs data; Seven & i falls



Oct 7 Japanese stocks slipped on Friday amid investor caution before an impending U.S. jobs report that could impact near-term direction for risk asset markets.
The Nikkei fell 0.2 percent to 16,860.09, snapping four sessions of gains. The index still rose 2.5 percent on the week, helped by a sharp slide in the yen versus the dollar.
Seven & i Holdings Co Ltd, Japan's second largest retailer, fell 5 percent after it said on Thursday that it had entered a business and capital alliance with smaller peer H2O Retailing Corp. Shares of H20 Retailing rose 3 percent.
The broader Topix fell... read more

 
7 October 2016 in World News, Views: 29
Source: Reuters
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